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News Explorer — FCA Warns Justin Sun's Poloniex is Unauthorized in UK

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Dec 7, 11:46 am

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FCA Warns Justin Sun's Poloniex is Unauthorized in UK

The UK's Financial Conduct Authority (FCA) has issued a public warning stating that Justin Sun's crypto exchange Poloniex is operating without authorization in the country. The FCA has already added Poloniex, along with other crypto firms, to its warning list. The FCA advises users to avoid dealing with Poloniex as it may be promoting financial services without permission.

The UK's Financial Conduct Authority (FCA) has issued a public warning stating that Justin Sun's crypto exchange Poloniex is operating without authorization in the country. The FCA has already added Poloniex, along with other crypto firms, to its warning list. The FCA advises users to avoid dealing with Poloniex as it may be promoting financial services without permission.

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